Bitcoin has broken the 200 daily moving average, setting up a move very similar to the 2018 bear market low.
Cycles of Bitcoin – https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative/
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Legal: *’The above video references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.’
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I am keen on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price moves in a very volatile way, there is much opportunity in being prepared for upside and downside. I also cover Bitcoin news on this channel as it comes out.
Un-silent Majority: Sound Off!
Much love, Dan!
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The line chart is a more accurate reading. It eliminates all wick action (i'm sure you know that lol).
BTC/USD topped at $9,184 and reversed to the downside. While the coin has lost nearly 7.5% in recent seven days, the downside move still qualifies for the natural correction from a 16% rally since the beginning of 2020. Bitcoin is likely to reach strong support in the area of $8,000-$7,700. This zone is packed with important technical indicators that are likely to slow down the bears and initiate a recovery. I was able to increase my 5btc to 15 Btc in the space of 1month with the help of Marie Gunce who is a Pro Trader and has been helping Novice crypto investors showing them ways to trade their Bitcoin, he is down to earth and always ready to serve,He charged me after I made profit but it was worth it. Y'all can reach out to him through His Telegramm +17044263750, HANGOUTS/Mail (mariegunce @ gmail. com)
Sustainable and responsible, appreciated as always.
That upper trend line what a bounce! Does it back test tho?
Is the logo in the cam a watermark or a reflection?
I just want a beach house.
Hopefully We will get a golden cross within February ?
Edit: I’m aware of the lens glare. Will be fixed by next video. Thanks for watching today! Appreciate all of you ??
One of the most memorable days for Btc … great job Dan.
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